We develop a novel Mean-Max Drawdown portfolio optimization approach using buy-and-hold portfolios. The optimization is performed utilizing a multi-objective evolutionary algorithm on a sample of S&P 100 constituents. Our optimization procedure provides portfolios with better Mean-Max Drawdown...

Purpose - The paper aims to propose a practical model for market segment selection and evaluation. The paper carries out a technique of order preference similarity to the ideal solution (TOPSIS) approach to make an operation systematic dealing with multi-criteria decision- making problem....

Small- and medium-sized enterprises (SMEs) have a crucial influence on the economic development of every nation, but access to formal finance remains a barrier. Similarly, financial institutions encounter challenges in the assessment of SMEs' creditworthiness for the provision of financing....

Background: Uncertainty is the major source of hazards, and it is present in a wide range of business activities. Due to the high level of unpredictability in logistics operations, the logistics sector has traditionally operated in a high-risk environment. These risks have become considerably...

The paper suggests a hybrid approach to strategic diagnostics of the industry competition based on the application of M. Porter's model of five forces, tools of logical-linguistic modelling and the theory of fuzzy sets. Two complementary calculation schemes were developed to assess the level of...

This research mainly aims to provide a practical method to (1) rank a firm's customers, (2) determine the implied uncertainty for customers’ demand, and (3) allocate supply chain (SC) resources for meeting customer demands in an equitable manner in order to provide them with an...

It has been shown that evolutionary algorithms are able to construct suitable search strategies for classes of Constraint Satisfaction Problems (CSPs) in Constraint Programming. This paper is an explanation of the use of multi-objective optimisation in contrast to simple additive weighting...

Purpose: The purpose of this research is to develop an optimization model of CNC turning process. The objective function of the model is to minimize processing time and carbon emission. We implemented the results of optimization with real machining application using a certain workpiece....